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Management change

Trident Samir Prabodhchandra Joshipura resigns

Trident (TRIDENT) said Samir Prabodhchandra Joshipura has resigned. The company is valued at about ₹11,685 crore.

BCEIE News Desk · Published 28 Sept 2026, 08:42 pm IST · Filing received 28 Sept 2026, 08:26 pm IST

What happened

Trident (TRIDENT) told the exchanges on 28 September 2026 at 08:26 PM that Samir Prabodhchandra Joshipura has resigned.

From the filing: "Trident Limited has informed the Exchange regarding Resignation of Mr Samir Prabodhchandra Joshipura as Chief Executive Officer of the company w.e.f."

Company snapshot

Trident is a small-cap company in the Textiles sector, with a market value of about ₹11,685 crore.

The stock last traded at ₹22.93, against a 52-week range of ₹21.98–₹30.94 (25.9% below the high).

Before this filing the shares had moved −5.2% over the month and −11.5% over three months. Average daily turnover over the last 20 sessions was about ₹5.95 crore.

Promoters held 73.68% at the end of Q1 FY27. Foreign institutions owned 3.17% and domestic institutions 0.25%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY261,7071400.27
Q2 FY261,78790.90.18
Q3 FY261,57444.20.09
Q4 FY261,6331020.2
Q1 FY271,787158.10.31

What history shows

BCEIE's records show 6 previous management change filings from the company since May 2026.

After those filings, the stock fell 0.3% on average the next trading day and was down 1.7% on average after five days (5 filings with price data).

Across 10 similar disclosures by other Textiles companies, shares moved −1.5% on average the next day and +1.1% over five days; 50% of them rose the next day.

Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
27 Aug 2026Authorization To Key Managerial Person(S) For Determining The…−0.5%−1.8%
27 Aug 2026Management change−0.5%−1.8%
23 Jul 2026Management change−0.4%−1.9%
23 Jul 2026Change in Management - Mr.Pardeep Kumar Markanday has been…−0.4%−1.9%
25 May 2026Management change+0.4%−1.1%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.